Trade Like You Backtest

Options traders frequently deviate from their own backtested trade guidelines when trading live with real money because they get emotional or affected by news. In this video Seth Freudberg explains the fallacy in that approach.

There is another way to a higher PnL

In this blog post, I will challenge you to find another way to a higher PnL.  We will use a trade review from a conscientious trader to teach  this principle. This is a common mistake of stunted thinking made by developing traders. It is one where human nature leads us against our self-interest. If you can learn to think differently … Read More

Here is how you trade bigger

Hi Mike, I am quite consistent stock traders for years. I have a trading matter that needs your professional advice. I have the tendency to go ‘big’ in size when I have the profits in my account or when a particular stock that I familiar with which I had been making consistent money from it. When under this situation sometimes … Read More

How To Identify A Long Term Bottom–Twitter

In this video I discuss the process by which Twitter formed a long term bottom in 2016. This lesson has broad applicability for traders/investors attempting to catch larger moves (30%+) in the stock market. Steven Spencer is the co-founder of SMB Capital and SMB University which provides trading education in stocks, options, forex and futures. He has traded professionally for 20 … Read More

This is Trading

In this video, Mike Bellafiore, breaks down the essence of trading with an in depth look into Lowe’s.

Characteristics of Champions (Traders)

In the video below, Michael Phelps’ coach, Bob Bowman, presents the Characteristics of Champions. As traders we can learn from this talk to help achieve our goals. Coach Bowman breaks down success into three steps: 1) Visualize your goal 2) Develop a plan/routine to achieve your goal 3) Execute on your plan What is your goal as trader? Make it … Read More

When I heard the learn’d trader

    When I heard the learn’d trader, When the proofs, the figures, were ranged in columns before me, When I was shown the charts and diagrams, to buy, sell, and short them, When I sitting heard the trader where he lectured with much applause in the lecture-room, How soon unaccountable I became tired and sick, Till rising and gliding … Read More